SPHQ vs. EQTY ETF Comparison

Comparison of PowerShares S&P 500 High Quality Portfolio (SPHQ) to Kovitz Core Equity ETF (EQTY)

SPHQ

PowerShares S&P 500 High Quality Portfolio

SPHQ Description

The PowerShares S&P 500Â® High Quality Portfolio (Fund) is based on the S&P 500Â® High Quality Rankings Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to provide exposure to the constituents of the S&P 500 Index that are identified as stocks reflecting long-term growth and stability of a company's earnings and dividends. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$68.23

Average Daily Volume

864,489

Number of Holdings ^*

* may have additional holdings in another (foreign) market

EQTY

Kovitz Core Equity ETF

EQTY Description

The Kovitz Core Equity ETF seeks long-term capital appreciation. Through our fundamental, research-driven process, we strive to build diversified portfolios of equity investments through the purchase of competitively advantaged and financially strong companies at prices substantially less than our estimate of their intrinsic values.

Grade (RS Rating)

Last Trade

$24.14

Average Daily Volume

36,505

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SPHQ	EQTY
30 Days	0.94%	2.94%
60 Days	1.40%	5.30%
90 Days	3.27%	6.95%
12 Months	31.83%	29.19%

6 Overlapping Holdings

Symbol	Grade	Weight in SPHQ	Weight in EQTY	Overlap
AAPL	C	4.97%	1.89%	1.89%
AMAT	F	1.68%	1.67%	1.67%
KEYS	A	0.26%	3.93%	0.26%
MSFT	D	4.5%	0.24%	0.24%
V	A	5.29%	3.77%	3.77%
VRSK	A	0.45%	0.08%	0.08%

SPHQ Overweight 93 Positions Relative to EQTY

Symbol	Grade	Weight
MA	B	5.45%
AVGO	D	5.28%
JNJ	C	4.84%
COST	A	4.29%
NFLX	A	4.24%
PG	C	3.89%
ADBE	C	2.87%
CSCO	B	2.61%
PEP	F	2.26%
QCOM	F	2.2%
GE	D	2.02%
ADP	A	2.01%
CAT	B	2.01%
INTU	B	1.83%
LMT	D	1.65%
PGR	A	1.63%
TJX	A	1.54%
PANW	B	1.24%
ITW	B	1.16%
NKE	F	1.08%
LRCX	F	1.06%
KLAC	F	1.05%
SHW	B	1.01%
MDLZ	F	0.9%
EMR	B	0.88%
AMP	A	0.86%
ADSK	A	0.86%
CTAS	B	0.76%
ZTS	D	0.74%
MCO	B	0.73%
PAYX	B	0.66%
IT	C	0.64%
GWW	B	0.59%
FAST	B	0.59%
MPC	D	0.58%
CMI	A	0.57%
KMB	C	0.52%
ROST	D	0.47%
KVUE	A	0.46%
COR	B	0.46%
MLM	C	0.44%
VLO	C	0.44%
MCHP	F	0.43%
LEN	D	0.42%
ACGL	C	0.41%
ROK	C	0.4%
IDXX	F	0.4%
GEHC	D	0.4%
MNST	C	0.4%
LULU	C	0.38%
SYY	D	0.37%
A	D	0.37%
EA	A	0.37%
CTSH	B	0.37%
VMC	B	0.37%
CNC	D	0.36%
EBAY	D	0.34%
DD	C	0.32%
NVR	D	0.3%
DECK	A	0.29%
BR	A	0.27%
BALL	F	0.27%
ADM	D	0.26%
K	A	0.26%
HSY	F	0.26%
VLTO	C	0.26%
TROW	B	0.26%
CDW	F	0.25%
CLX	A	0.24%
BLDR	D	0.24%
CINF	A	0.23%
LH	B	0.23%
EXPD	C	0.21%
ULTA	F	0.21%
LYB	F	0.21%
OMC	C	0.2%
STE	D	0.2%
BAX	F	0.19%
POOL	C	0.19%
JBL	C	0.19%
HOLX	D	0.17%
EG	C	0.16%
FFIV	B	0.15%
CHRW	B	0.14%
SWKS	F	0.14%
JKHY	D	0.13%
AOS	F	0.11%
APA	D	0.1%
MKTX	D	0.1%
BWA	D	0.1%
PAYC	B	0.1%
RL	C	0.09%
SOLV	D	0.09%

SPHQ Underweight 32 Positions Relative to EQTY

Symbol	Grade	Weight
META	D	-4.81%
AMZN	C	-4.81%
SCHW	B	-4.68%
GOOG	C	-4.14%
BDX	F	-3.98%
CRM	B	-3.76%
PM	B	-3.75%
J	D	-3.58%
ICE	C	-3.4%
KMX	B	-3.36%
FI	A	-3.18%
LOW	C	-3.16%
BRK.A	B	-3.16%
PCAR	B	-3.13%
AXP	A	-3.02%
ORCL	A	-2.96%
AON	A	-2.92%
JPM	A	-2.57%
PPG	F	-2.36%
MSI	B	-2.08%
DLTR	F	-1.86%
ANET	C	-1.84%
ADI	D	-1.73%
DEO	F	-1.72%
HAS	D	-1.07%
AMD	F	-0.94%
HAYW	B	-0.65%
GOOGL	C	-0.49%
SYK	B	-0.13%
GGG	B	-0.1%
ABT	B	-0.06%
EFX	F	-0.06%